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‘Reader’s Digest’ UK sold for £1

19 February 2014

In the UK, Reader’s Digest magazine has been sold for just £1 (A$1.85), reports the Guardian. Private equity company Better Capital sold the business to venture capitalist Mike Luckwell for a...

Reader’s Digest cuts staff 

3 February 2009

Reader's Digest has cut a number of positions, worldwide. A company spokesperson told Publisher's Weekly, the company would not be closing any businesses and that the approximately 280 redundancies (eight...

Heath promoted at Reader’s Digest 

7 August 2007

Paul Heath, managing director of Reader's Digest Australia, has been named president of Asia Pacific region of the company's operations. The appointment follows a restructure of the company's international operations...

Reader’s Digest Australia unaffected by sale 

28 November 2006

Following last week's announcement that an investor group led by Ripplewood Holdings had agreed to acquire Reader's Digest, managing director of Reader's Digest Australia Paul Heath told WBN it was...

Reader’s Digest to be sold 

21 November 2006

A group of investors led by Ripplewood Holdings has agreed to acquire Reader's Digest (RDA), subject to shareholder approval, in a sale expected to close in the first quarter of...